A Florida-based Telecom company has been turning heads recently as it’s trading almost 900% higher than where it was just two months ago. iQSTEL Inc. (OTCPK:IQST) has been no stranger to headlines as the company’s shares have been soaring to new 52-week highs regularly. This morning, shares of the small-cap traded up to an early session high of $1.17/share (+26.9%) after the company announced that it had eliminated all debt in form of notes, becoming a debt-free company.
This recent move is a strong continuation of the success the stock has had over the last few months coming from December lows of just $0.071/share.
iQSTEL is a technology company offering a wide array of services to the telecom and Internet industry. along with its subsidiary the firm offers international long-distance voice services for Tier-1 worldwide telco carriers (ILD Wholesale) and submarine fiber optic network capacity for data carriers and internet service providers both land-based and mobile (4G and 5G).
